Financing

• Cost and Financing
• Financing Options - Self-Sponsorships and Loans
• Financing Options - Corporate Sponsorships

Cost and Financing

The cost of the Ivey EMBA in Hong Kong is: HK$880,000 (August 2012 start date)

This cost includes:

• tuition
• text books and reference materials
• airfare to Canada for residence week
• meals and accommodation during the residence weeks, both in Hong Kong and in Canada
• meals during your class sessions
• team collaboration software

When you choose to do your EMBA at the Richard Ivey School of Business in Hong Kong:

• HK$50,000 is due June 1, 2012 or upon acceptance of admission offer to secure a seat in the class
• you can be accepted to the program even if your financing is not fully in place
• tuition is payable in 6 installments during the program, not in one lump sum
• you must complete total payment before graduation

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FINANCING OPTIONS — SELF-SPONSORSHIPS AND LOANS

Most applicants choose to pay for the program personally, either in part or in full. If self-sponsorship is pursued, there are three points to remember.

• You may claim deductions for expenses of self-education for enrolling in Ivey’s EMBA in Hong Kong. More on this can be found here: http://www.gov.hk
• Ivey’s EMBA in Hong Kong is an eligible course provider under the HKSAR Government's Non-Means Tested Loan Scheme. Under this scheme, HK permanent residents and those who have lived in HK continuously for three years before they start their EMBA, may borrow funds to cover their tuitions 100% without having their income or credits checked. Repayment can be spread over 10 years after graduation, with an interest rate below prime. More information may be found here: http://www.sfaa.gov.hk
• The Ivey Business School provides a variety of scholarships and grants to make its EMBA financially possible. Grants are awarded on a rolling basis. Therefore, early application is recommended.

The Alumni Grant:

This is a fund set up by our alumni in support of applicants who have the potential to succeed, yet lack the financial ability. All Ivey EMBA applicants are eligible to apply. Grants vary in amount and include some full grants of up to HK$200,000 for candidates with exceptional financial needs.

Scholarship Grants for Civil Service and Nonprofit Leaders:

This is a grant set up for developing leaders in the civil service and nonprofit sector. To qualify, applicants must work in the civil service or at a nonprofit organization focusing on the arts, education, health care, human services, community development, the environment or a related area. Grants vary in amount and may cover up to half of our EMBA program fee.

• Grants for The University of Western Ontario alumni:
  The Ivey Business School offers a special grant of HK$50,000 to all graduates from The University of Western Ontario who enroll in the EMBA Program in HK.

Those interested should call (+852-2135-2299) or email the Ivey admissions team (emba@ivey.com.hk) for assistance.

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FINANCING OPTIONS — CORPORATE SPONSORSHIPS

Pursue Corporate Sponsorship

Many organizations recognize that sponsoring an employee in the Ivey EMBA program is an excellent investment in the strength and diversity of the organization. We would be pleased to provide you a useful business case template to use as a starting point when approaching your organization for sponsorship. It will help you communicate the benefits that your organization will realize for having you obtain an Ivey EMBA. Please contact our office for guidance and support in presenting your case for sponsorship.

Download our Corporate Sponsorship Brochure (PDF)

Questions Contact Us

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